Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 143.187 - Power to hold stock in name of nominee; personal liability of personal representative1. A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration books, if:(a) The records of the personal representative and all reports and accountings the personal representative renders clearly show the holding and the facts regarding it; and(b) The nominee deposits with the personal representative a signed statement of the true interest of the personal representative.2. A personal representative is personally liable for any loss to the estate resulting from any act of the nominee in connection with stock so held.Added to NRS by 1961, 471; A 1999, 2297(Added to NRS by 1961, 471; A 1999, 2297)